XN000022-1995-05-09 — Page 32

- 31 -

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,371

0930

+1174

Closing balance in the account

1,486

1000

+1174

Change attributable to:

1100

+1154

Money market activity

+1,155

1200

+1155

LAF today

-1,040

1500

+1155

1600

+1155

LAF rate 4.25% bid/6.25% offer TWI 118.0*+0.1* 9.5.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.63

19 months

2611 6.90

100.99

6.30

1 month

5.65

22 months

2702

7.50

101.99

6.40

3 months

5.75

30 months

3710

7.25

101.57

6.66

6 months

5.83

36 months

3804

6.90

100.48

6.83

12 months 6.01

59 months

5003

7.75

102.35

7.29

Total turnover of bills and bonds - $ 14,066 million

Closed May 9, 1995

End/Tuesday, May 9, 1995